SYLVAGRI: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SYLVAGRI
Largest movements
- Cash +€15,787
up €15,787 (+35.9%), from €43,960 to €59,747
mainly Net result for the year (+€17,412) and Trade debts (+€6,469)
- Receivables within one year +€9,720
up €9,720 (+1295.7%), from €750 to €10,470
of which Trade receivables: +€7,429
- Tangible fixed assets -€6,181
down €6,181 (-27.3%), from €22,649 to €16,467
of which Leasing and similar rights: -€5,645
- Profit (loss) carried forward +€17,412
up €17,412 (+54.6%), from €31,915 to €49,327
- Trade debts +€6,469
up €6,469 (+350.3%), from €1,847 to €8,316
- Debts after one year -€5,808
down €5,808 (-36.6%), from €15,859 to €10,051
- Tax, wage and social debts +€1,128
up €1,128 (+13.5%), from €8,336 to €9,464
of which Remuneration and social security: +€990
- Gross operating margin -€12,903
down €12,903 (-30.7%), from €42,078 to €29,175
- Depreciation +€4,641
up €4,641 (+301.2%), from €1,541 to €6,181
- Taxes -€3,631
down €3,631 (-45.5%), from €7,984 to €4,353
- Financial charges +€664
up €664 (+159.9%), from €416 to €1,080
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,692 | €89,645 | +€18,953 | +26.8% |
| Fixed assets | 21/28 | €22,649 | €16,467 | -€6,181 | -27.3% |
| Tangible fixed assets | 22/27 | €22,649 | €16,467 | -€6,181 | -27.3% |
| Plant, machinery and equipment | 23 | €1,480 | €944 | -€537 | -36.2% |
| Leasing and similar rights | 25 | €21,168 | €15,523 | -€5,645 | -26.7% |
| Current assets | 29/58 | €48,043 | €73,178 | +€25,135 | +52.3% |
| Amounts receivable within one year | 40/41 | €750 | €10,470 | +€9,720 | +1295.7% |
| Trade receivables | 40 | €750 | €8,179 | +€7,429 | +990.3% |
| Other amounts receivable | 41 | - | €2,291 | +€2,291 | |
| Cash at bank and in hand | 54/58 | €43,960 | €59,747 | +€15,787 | +35.9% |
| Deferred charges and accrued income | 490/1 | €3,333 | €2,960 | -€373 | -11.2% |
| Total equity and liabilities | 10/49 | €70,692 | €89,645 | +€18,953 | +26.8% |
| Equity | 10/15 | €36,915 | €54,327 | +€17,412 | +47.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,915 | €49,327 | +€17,412 | +54.6% |
| Amounts payable | 17/49 | €33,777 | €35,318 | +€1,541 | +4.6% |
| Amounts payable after more than one year | 17 | €15,859 | €10,051 | -€5,808 | -36.6% |
| Financial debts | 170/4 | €15,859 | €10,051 | -€5,808 | -36.6% |
| Amounts payable within one year | 42/48 | €17,918 | €25,267 | +€7,349 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €5,422 | €5,808 | +€385 | +7.1% |
| Trade debts | 44 | €1,847 | €8,316 | +€6,469 | +350.3% |
| Suppliers | 440/4 | €1,847 | €8,316 | +€6,469 | +350.3% |
| Taxes, remuneration and social security | 45 | €8,336 | €9,464 | +€1,128 | +13.5% |
| Taxes | 450/3 | €8,336 | €8,474 | +€138 | +1.7% |
| Remuneration and social security | 454/9 | - | €990 | +€990 | |
| Other amounts payable | 47/48 | €2,314 | €1,680 | -€634 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,541 | €6,181 | +€4,641 | +301.2% |
| Other operating charges | 640/8 | €225 | €149 | -€76 | -33.8% |
| Gross operating margin | 9900 | €42,078 | €29,175 | -€12,903 | -30.7% |
| Operating profit (loss) | 9901 | €40,313 | €22,845 | -€17,468 | -43.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €416 | €1,080 | +€664 | +159.9% |
| Recurring financial charges | 65 | €416 | €1,080 | +€664 | +159.9% |
| Profit (loss) for the period before taxes | 9903 | €39,898 | €21,765 | -€18,133 | -45.4% |
| Income taxes | 67/77 | €7,984 | €4,353 | -€3,631 | -45.5% |
| Profit (loss) for the period | 9904 | €31,915 | €17,412 | -€14,502 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,915 | €17,412 | -€14,502 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.